Question: Solve correctly i post many times all are wrong The Dotslane Company produces a set of wood patio furniture consisting of a table and four

Solve correctly i post many times all are wrong Solve correctly i post many times all are wrong The Dotslane Company

The Dotslane Company produces a set of wood patio furniture consisting of a table and four chairs. The company has enough customer demand to justify producing its full capacity of 4100 sets per year. Annual cost data at full capacity follow. Direct labor Advertising Factory supervision Property taxes, factory building Sales comissions Insurance, Factory Depreciation, administrative office equipment Lease cost, factory equipment Indirect materials, factory Depreciation factory building Administrative office supplies (billing) Administrative office salaries Direct materials used (wood, bolts, etc.) Utilities, factory $93.000 $ 105,000 $ 69,000 $ 22,000 5 65,000 $ 6.000 $ 1,000 $ 13.000 5 20,000 $107.01 4.000 $111.000 1.431,000 $ 44.00 Required: 1 Enter the dollar amount of each cost item under the appropriate headings. Note that each cost item is classified in two ways first, as variable or fixed with respect to the number of units produced and sold and second, as a selling and administrative cost or a product cost. If the item is a product cost, it should also be classified as either direct or indirect) 2. Compute the average product cost of one patio set 3. Assume that production drops to only 1,000 sets annually. Would you expect the average product cost per set to increase, decrease or remain unchanged? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required a Round we final and to cart whale dollar

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!